Brief Exercise 21A-7 Tamarisk Corporation recorded a right-of-use asset for $227,200 as a result of a finance lease on December 31, 2016. Tamarisk's incremental borrowing rate is 13%, and the implicit rate of the lessor was not known at the commencement of the lease. Tamansk made the first lease payment of 41 8 9 on on December3? 21 The ease requires 8 annual payments. The equipment has a useful life of 8 years with no residual value Prepare Tamarisk's December 31, 2017, entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places e.g. 5,275) Date Account Titles and Explanation Debit Credit December 31, 2017 December 31, 2017 (To record amortization of the right-of-use asset)